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The property briefly comprises:- entrance porch, entrance hall, lounge, kitchen/breakfast area, two double bedrooms, bathroom, rear garden, single garage and ample off street parking with garden to the front.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
PORCH
Door to the front aspect and tiled flooring.
ENTRANCE HALL
Door to the front aspect, airing cupboard, storage cupboard, power points and loft access.
LOUNGE- 12'0 (3.66m) x 20'10 (6.37m)
A bright and airy living room with large bay window to the front aspect, window to the side aspect, fitted carpets, radiator, TV point and power points.
KITCHEN/BREAKFAST AREA- 13'4 (4.08m) x 11'11 (3.65m)
Sleek kitchen and breakfast area with door and window to the rear aspect, velux window to the side aspect oozing in more natural light, tiled splash back, a range of fitted contrasting coloured wall and base units, sink with drainer unit, space for fridge/freezer, plumbing for washing machine, plumbing for dishwasher, electric oven, electric hob, extractor hood, vinyl flooring, vertical radiator and power points.
BEDROOM ONE- 10'0 (3.05m) x 11'9 (3.60m)
Double bedroom with window to the front aspect, coving, built in storage cupboard, fitted carpets, radiator and power points.
BEDROOM TWO- 9'7 (2.92m) x 11'9 (3.60m)
A secondary double bedroom with window to the rear aspect, coving, built in storage cupboard, fitted carpets, radiator and power points.
BATHROOM- 6'5 (1.97m) x 7'10 (2.40m)
Newly fitted and modern bathroom with opaque window to the rear aspect, inset spotlights, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with vanity unit and mixer tap, panelled bath with over head shower and glass shower screen, vinyl flooring, heated towel rail and extractor fan.
GARDEN
North west facing mature garden which is mainly laid with lawn, patio to the immediate rear with footpath through the garden, planted shrubs and flowers with access to the front from both sides.
GARAGE- 9'3 (2.82m) x 19'3 (5.87m)
Electric up and over door, side pedestrian door, wall mounted gas boiler, power and lighting.
PARKING
Off street parking for two cars.
SERVICES
Understood to all be connected to mains.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon completion.
COUNCIL TAX BAND
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'B'.
EPC- D
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : C
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Tax Band | % | Taxable Sum | Tax |
less than £250k | 0 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £250k | 3 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £425k | 0(5)** | ||
£425k to £625k | 5 | ||
£625k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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